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Suncor Energy Inc T.SU

Alternate Symbol(s):  SU

Suncor Energy Inc. is a Canada-based integrated energy company. The Company's segments include Oil Sands, Exploration and Production (E&P), and Refining and Marketing. Its operations include oil sands development, production and upgrading, offshore oil and gas production, petroleum refining in Canada and the United States and its Petro-Canada retail and wholesale distribution networks, including Canada’s Electric Highway, a coast-to-coast network of fast-charging electric vehicles (EV) stations. Petro-Canada has a network of over 1,800 retail and wholesale locations across Canada, providing customers with a wide variety of fuel and service offerings including low-carbon fuel options. The Company is developing petroleum resources while advancing the transition to a low-emissions future through investment in power and renewable fuels. It also wholly owns the Fort Hills Project, which is located in Alberta's Athabasca region, approximately 90 kilometers north of Fort McMurray.


TSX:SU - Post by User

Post by RagingBull3on May 12, 2022 6:03pm
178 Views
Post# 34679664

If you wait long enough, Inflation will fix itself.

If you wait long enough, Inflation will fix itself.Prices of goods and services can only go up so much until people say "uncle" and will refuse to pay any more.     Then you can say.... "see, rate of inflation under control" prices stopped increasing.

IMHO, I think that's the policy central banks and government been working on..... hence dragging their heals on rates and "balance sheet" "balancing". 

Only after inflation out of control and the masses starting to get upset, only then central banks and government starting to raise rates... even then, what's 25 or 50 or even 75 bases points increase when you're coming from near zero rate, while inflation 6%+ ???   And we all know, the "real" inflation rate probably 20%+.

All this BS is part of the "Great Reset".....    Transfer wealth to the 10% while while the 90% fooled into taking on more debt which later will reset at higher rates making the 90% economic slaves to the 10%.  

Greedy 10%ers.....  Economic Slavery for the 90%ers

All just my opinion/view/thinking
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